Tornado Cash Co-Founder Says the Mixer Protocol Is Unstoppable
Roman Semenov says Tornado Cash is designed so a third-party can't control it.
Sam Reynolds is a Taipei-based journalist covering digital assets and semiconductors. His work has appeared in CoinDesk, Blockworks, ComputerWorld, and NetworkWorld. Before his career in journalism, he was a PC and semiconductor analyst with International Data Corporation (IDC) in Taipei.
He was part of the CoinDesk team that won the 2023 Gerald Loeb award in the breaking news category for coverage of FTX's collapse.
Roman Semenov says Tornado Cash is designed so a third-party can't control it.
Taiwan Semiconductor (TSMC) is known as Taiwan's guardian angel. But this won't always be the case with China forced to catch up, given the US chip curbs.
The three-year deal would have Anchorage act as a crypto asset manager and liquidator for the U.S. bank regulator.
The situation shows the limitations of a government's ability to thwart transactions on decentralized systems - but also the limitations of those systems to circumvent such sanctions.
FTX is setting up its HQ in the Bahamas because the digital assets industry in Hong Kong is faced with an increasingly hostile regulator, and strict quarantine laws.
As Three Arrows Capital collapsed under market pressure, its much-lesser known trading desk, TPS Capital, remained active, sources say. But a complex ownership structure might frustrate creditors' efforts to collect.
FTX officials appeared to confirm rumors of a hack on Telegram, instructing users to delete FTX apps and avoid its website.
CoinFLEX CEO Mark Lamb breached his fiduciary duty when he created a new company, OPNX, with the founders of failed crypto hedge fund Three Arrows Capital, creditors argue. They are also critical of a deal Lamb struck with early BTC evangelist Roger Ver.
The plea agreement would waive Ellison of any charges except criminal tax violations, provided she fully cooperates with U.S. Attorney's office.
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